Tuesday, July 3, 2018

Somalia


Population 15.2 million. Land area 246,201. Labor force 3.5 million Labor force by occupation agriculture 60.2%, services 32.5% industry 7.4%. 

GDP $17.5 billion. Main industries include sugar refining, textiles, livestock, money transfer and telecommunications.

Exports $819 million including livestock, bananas, hides fish, charcoal and scrap metal. Sold to UAE 36.1%, Oman 33.4%, Yemen 15.1%.

Imports $3.5 billion (2014) include manufactured products, petroleum products, foodstuffs and construction materials bought from India 26.3%, China 20.8%, Oman 9.1%, Turkey 6%, Malasia 4.3%, Brazil 4.2%.

External debt $3 billion, Government Revenue $145.3 million, Spending $151.1 million.


Somalia is the easternmost country of Africa, on the Horn of Africa. It extends from just south of the Equator northward to the Gulf of Aden and occupies an important geopolitical position between sub-Saharan Africa and the countries of Arabia and southwestern Asia. The capital, Mogadishu, is located just north of the Equator on the Indian Ocean.

The Republic of Somalia was formed in 1960 by the federation of a former Italian colony and a British protectorateMohamed Siad Barre (Maxamed Siyaad Barre) held dictatorial rule over the country from October 1969 until January 1991, when he was overthrown in a bloody civil war waged by clan-based guerrillas. After Siad’s fall from power, warfare continued and the country lacked an effective centralized government—problems that persisted into the 21st century. Moreover, a de facto government declared the formation of an independent Republic of Somaliland in the north in 1991. Similarly, in 1998 the autonomous region of Puntland (the Puntland State of Somalia) was self-proclaimed in the northeast.

Decades of civil hostilities have virtually destroyed Somalia’s economy and infrastructure and split the country into areas under the rule of various entities. When Somalia’s tenuous transitional administration handed power to a new government in 2012, the newly declared Federal Republic of Somalia had only limited control over the country. There was, however, hope that the new government would usher in a new era, one in which peace would be achieved and Somalis could focus on rebuilding their country.


Norb Leahy, Dunwoody GA Tea Party Leader


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